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State Agencies Bulletin No. 1291

… Compensation Contribution Limits Pursuant to IRS Section 457 Regulations: The regular yearly contribution amount for …

State Agencies Bulletin No. 1497

… benefit and of adjustments that may be made to DCAA payroll deductions for eligible PEF employees. Affected … benefit and of adjustments that may be made to DCAA payroll deductions for eligible PEF employees …

Overview – Regional State Park Police Plan

…   Your pension is based on your years of credited service and your final average salary (FAS). For Tier 1, 2, 3 and 5 members, FAS is the average of the … months of service when your earnings were highest. For Tier 6 members, it is the average of your highest 60 …

Overview – En-Con Police Officers Plan

…   Your pension is based on your years of credited service and your final average salary (FAS). For Tier 1, 2, 3 and 5 members, FAS is the average of the … months of service when your earnings were highest. For Tier 6 members, it is the average of your highest 60 …

Leaves of Absence – En-Con Police Officers Plan

… usually receive up to one year of service credit for each accident while on Workers’ Compensation leave. …

State Agencies Bulletin No. 974

… for members who have ten (10) or more years of membership in the Optional Retirement Program (ORP). ORP members who have ten (10) or more years of membership will receive a reduction in employee contributions … Type of 7Z (TIAA/CREF) and has ten (10) or more years of membership will automatically change to non-contributory …

State Agencies Bulletin No. 1449

… Purpose To notify agencies of the maximum contribution limits for employees enrolled in the New York … Plan for calendar year 2016. The regular yearly contribution amount for Deferred Compensation will remain at … age, remains at $18,000, for a combined maximum total contribution of $36,000 for calendar year 2016. An additional …

State Agencies Bulletin No. 1538

… Purpose To notify agencies of the maximum contribution limits for employees enrolled in the New York … Plan for calendar year 2017. The regular yearly contribution amount for Deferred Compensation will remain at … can defer up to $6,000 in addition to their regular contribution amount, for a combined total contribution limit …

Leaves of Absence – Regional State Park Police Plan

… Tier 1 members receive full credit for sick leave at half pay; Tier 2, 3, 5 and 6 members receive half credit for sick leave at half pay. Since service is usually not credited for any … will usually receive up to one year of service credit per incident for time spent on Workers’ Compensation leave. …

Full- and Part-Time Service Credit – Regional State Park Police Plan

… full-time, continuous basis, we calculate your retirement service credit by subtracting your beginning date of … you actually leave paid employment. Part-Time Employment Service credit may be prorated for Tier 1 members employed on … part-time employment is credited as the lesser of: number of days worked ÷ 260 days or annual salary reported ÷ …

Full- and Part-Time Service Credit – En-Con Police Officers Plan

… Full-Time Employment If you join the Retirement System on the … employment with a participating employer and work on a full-time, continuous basis, we calculate your retirement … may be prorated for Tier 1 members employed on a less than full-time basis. For Tier 2, 3, 5 and 6 members, part-time …

State Agencies Bulletin No. 885

… Purpose To notify agencies of the secondary reduction in employee contributions. Affected Employees Contributory … 125-A, Section 6252 2(c), eliminating the mandatory employee contribution for members who have ten (10) or more … or more years of membership will receive a reduction in employee contributions over a phased-in period, ultimately …

Vested Retirement Benefit – Non-Contributory Plan with Guaranteed Benefits

… Eligibility You are eligible for a vested retirement benefit if you leave public … your last public employment determine the vested benefit. For an explanation of your benefit, please refer to the … Benefit section . The vested retirement benefit is payable for your lifetime. You may elect one of several payment …

Vested Retirement Benefit – Police and Fire Plan

… Eligibility You are eligible for a vested retirement benefit if you leave public employment before … 1 The date you are eligible to retire depends on your tier. Tier 1 Full vested benefit as early as the first of the month … Police and Fire Plan information for PFRS Tier 1 2 3 Article 11 5 and 6 members under Sections 375b and …

Full- and Part-Time Service Credit – Police and Fire Plan

… ÷ 260 days or annual salary reported ÷ (State’s hourly minimum wage × 2,000) Employers report your days worked and salary to us. …

Full- and Part-Time Service Credit – Non-Contributory Plan with Guaranteed Benefits

… full-time, continuous basis, we calculate your retirement service credit by subtracting your beginning date of … you actually leave paid employment. Part-Time Employment Service credit may be prorated for Tier 1 members employed on … part-time employment is credited as the lesser of: number of days worked ÷ 260 days or annual salary reported ÷ …

Full- and Part-Time Service Credit – Basic Plan with Increased-Take-Home-Pay (ITHP)

Full- and Part-Time Service Credit – Career Plan

… the day you begin employment with a participating employer and you work on a full-time, continuous basis, we calculate … employed on a less than full-time basis. For Tier 2, 3, 5 and 6 members, part-time employment is credited as the lesser … minimum wage × 2,000) Employers report your days worked and salary to us. …

Full- and Part-Time Service Credit – New Career Plan

… ÷ 260 days or annual salary reported ÷ (State’s hourly minimum wage × 2,000) Employers report your days worked and salary to us. …

Employer Graded Rate Contribution Calculation

… of their contributions to the retirement system. Memo Bill Text Status …